
Expro to Enhance Well Construction and Well Intervention & Integrity Offerings With Acquisition of Aberdeen Scotland-based Coretrax
Expro, a leading provider of energy services, today announced it had entered into a definitive agreement (subject to customary closing conditions and working capital adjustments) to acquire Coretrax, a technology leader in performance drilling tools and wellbore cleanup, well integrity and production optimization solutions, from an investment group led by …

Expro: Acquires SolaSense a Distributed Fiber Optic Sensing (DFOS) Company
Leading provider of energy services, Expro (NYSE: XPRO) has acquired 100% of Distributed Fiber Optic Sensing (DFOS) company, SolaSense Ltd. Based in the UK, SolaSense’s well surveillance technology features portable processing software and enhanced visualization interface for delivering near real time analysis of distributed acoustic sensing (DAS) / distributed temperature …

Well Intervention Market Driven by New Oilfield Discoveries and Heavy Investments in Offshore Oil & Gas Assets: Fact.MR Study
A recently published report by market research and competitive intelligence provider, reveals that the global well intervention market is projected to grow at a CAGR of 7% during the forecast period (2021-2031), reaching US$ 14 Bn by 2031. Heavy investments in the discovery of new oilfields reserves on the account …

RN-Nyaganneftegaz: Well Intervention Candidate Selection at the Krasnoleninskoe Field
One of the major tasks of the oil and gas field development is to maximize the oil recovery factor (ORF) at minimal cost. The solutions adopted in the field development design need to be optimized, taking into account the actual reservoir performance. Well intervention is a prime tool to improve …
OneSubsea, Helix and Schlumberger to Form Subsea Well Intervention Alliance
OneSubsea™, a Cameron and Schlumberger company, Helix Energy Solutions Group, Inc. and Schlumberger today announced that they have entered into a letter of intent to form an alliance to develop technologies and deliver services to optimize the cost and efficiency of subsea well intervention systems. Helix is a leading subsea …